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TOC Prop BackLendTst - Change of Name

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RNS Number : 4402K  TOC Property Backed Lendng Tst PLC  05 May 2022

Develop North PLC

(formerly TOC Property Backed Lending Trust PLC)

LEI: 213800EXPWANYN3NEV68

Change of name

The Directors are pleased to announce that the Company has changed its name to
Develop North PLC. The Directors believe that the new name reflects the
Company's refreshed investment strategy, existing asset base exposures and
regionally focused investment objective. The Company's investment policy
remains unchanged.

The change of name took place on 4 May 2022. The London Stock Exchange stock
ticker symbol will also change from PBLT to DVNO with effect from 8.00am on 6
May 2022. The Company's ISIN, SEDOL and LEI remain unchanged.

The name change was approved by the board of directors, in accordance with the
Company's articles of association.

For further information please contact:

 Develop North PLC                                     +44 (0) 191 222 0099

 Ian McElroy
 Tier One Capital Ltd (Investment Adviser)             +44 (0) 191 222 0099

 Brendan O'Grady
 Maitland Administration Services Limited (Secretary)  +44 (0) 1245 459943

 Nicola Board
 finnCap Ltd (Sponsor, Broker and Financial Adviser)   +44 (0) 207 220 0500

 William Marle

5 May 2022

 

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